In a statement, Masters said that the acquisition of the two startups enables her company "to help clients harness the power of distributed ledgers to serve their own customers".

She continued:

"We integrate financial infrastructure with a variety of innovative new technologies inspired by the blockchain. Different ledger technologies serve different purposes and all of those we integrate with are additive."

Banks and other financial companies have been looking at both the use of the bitcoin blockchain as well as private, permissioned blockchains as a way to reduce settlement times and increase the degree of trust between parties.

The sales amounts for the Hyperledger and Bits of Proof deals were not disclosed.

DA, Bits of Proof and Hyperledger did not immediately respond to requests for comment.